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I voted stay out of it, but fill your gas tank. Today's surge in oil might only be the begining. The Suez canal is a vital link in the global economy. Isn't it about time to let the Middle-east solve their own problems?

One cannot reason someone out of something they were not reasoned into. - Jonathan Swift

I voted stay out of it, but fill your gas tank. Today's surge in oil might only be the begining. The Suez canal is a vital link in the global economy. Isn't it about time to let the Middle-east solve their own problems?

U S 6th Fleet will keep the Suez Canal open if needed. I don't see a disruption in the flow of oil but, that won't stop speculators from driving the price up.

The higher the cost of oil the lower the market value of the great majority of stocks.

Last edited by Franco; 01-28-2011 at 06:18 PM.

The freedom to discriminate is essential to personal Liberty. Life in a free country is about being free to make choices based on your own criteria rather then one mandate by the government...Libertarian blogger

For years we've "invested" in Egypt, Jordan and Lebanon to try & keep a 'semi" friendly buffer around Israel. Now Lebanon has been taken over by Hezbollah and (I'll bet) that Egypt turns into an Iranian type "democracy" in a relatively short matter of time.
So either side we back will be the "wrong" one. Hosni either becomes the next Shah and comes down eventually w/ even more US resentment in the meantime or we "encourage peaceful elections & transfer of power with no idea what will truly happen.
Lose/lose.

Last edited by BrianW; 01-28-2011 at 08:50 PM.
Reason: added "no"

"It's not that government is inherently stupid, although that's a debatable question."
Rand Paul CPAC speech 2011

I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it. Thomas Jefferson to Archibald Stuart, 1791
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Proud partner of (HR) WR SR Brian's 44Magnum Monster
co-owned by HR Rianne's 2nd Chance Hurricane Rebel

For years we've "invested" in Egypt, Jordan and Lebanon to try & keep a 'semi" friendly buffer around Israel. Now Lebanon has been taken over by Hezbollah and (I'll bet) that Egypt turns into an Iranian type "democracy" in a relatively short matter of time.
So either side we back will be the "wrong" one. Hosni either becomes the next Shah and comes down eventually w/ even more US resentment in the meantime or we "encourage peaceful elections & transfer of power with idea what will truly happen.
Lose/lose.

One of the large local militias is called The Muslim Brotherhood and they are backing Moobaric(sp).

Last edited by Franco; 01-28-2011 at 06:29 PM.

The freedom to discriminate is essential to personal Liberty. Life in a free country is about being free to make choices based on your own criteria rather then one mandate by the government...Libertarian blogger

Rumors will now fly rampant. I went to Walgreens a little while ago, and the local AM right-wing talk show was saying that wikileaks has released some cables that indicate we having been backing the opposition with training and $ for some time now.

One cannot reason someone out of something they were not reasoned into. - Jonathan Swift

Who's better off? A country ruled for 30 years under a tyrannical regime lead by Hose-Me Mubarak or a country ruled for 2 years under a tyrannical regime lead by Barack Hussein Obama?

But Egypt's just one of many nations protesting fuel prices, food prices, inflation issues, tuition fees, jobs, oil shortages and price controls and the solution is so simple. Grab the Ber-Nank (Greenspan, too) and all the other central bankers and keynesians (especially Krugman) and fly 'em over to Cairo and leave them in the streets. Make sure the 'folk' realize that these are the slugs responsible for all the destructive money printing going on today. I could think of a few Wall Streeters to ship over, too but that's a different topic.

It's called "trying to appease the something for nothing crowd". It's rampant. The socialists/fascists that continue to take from the providers and give to the takers, are now finding the providers don't have enough to keep the takers at bay. When you add in the thugs that couldn't care less about how they take down a government, just so they can come to power, Egypt is just one of the many involved in the powder keg.

Like I said in 2009 as the immaculation was taking place, the gloom and doom year in the Obama regime will be 2011. It didn't take a prognosticator to see it coming, anyone with a modicum of insight could have predicted it.

In the USA, it's a matter of time until the riots start happening. It will take more than a small injection of new conservative thought in Congress, to lift the concerns of the 'providers' that take on new employees.

While Wall Street and the stock market continue to be in their own world of speculators, the small businessman on main street has pared back to the bare nuts and bolts, and it will take some real "show me the beef" before they loosen their purse strings to add more help.

UB

When the one you love becomes a memory, that memory becomes a treasure.

I can just see President Obama chompin' down on some good ol' kobe beef watching Egyptian tv in the White House. He's probably invited a couple of friends over for the kobe beef feast...maybe the Ber-Nank and Krugman, too and they're all pointing at the tv with a mouthful of food laughing at some poor, young Egyptian man throwing rocks at a tank because he has no future and he has no food.

I saw this from another website and it's the new Keynesian motto. We Print, You Starve and We Enjoy It!